OPEN-SOURCE SCRIPT
Volatility Exponential Moving Average
VEMA is a custom indicator that enhances the traditional moving average by incorporating market volatility. Unlike standard moving averages that rely solely on price, VEMA integrates both the Simple Moving Average (SMA) and the Exponential Moving Average (EMA) of the closing price, alongside a measure of market volatility.
The unique aspect of VEMA is its approach. It calculates the standard deviation of the closing price and also computes the simple moving average of this volatility. This dual approach to understanding market fluctuations allows for a more nuanced understanding of market dynamics.
Key to VEMA's functionality is the dynamic weighting factor, which adjusts the influence of SMA and EMA based on current market volatility. This factor increases the weight of the EMA, which is more responsive to recent price changes, during periods of high volatility. Conversely, during periods of lower volatility, the SMA, which offers a smoother view of price trends, becomes more prominent.
The resultant is a hybrid moving average that responds adaptively to changes in market volatility. This adaptability makes VEMA particularly useful in dynamic markets, potentially offering more insightful trend analysis and reversal signals compared to traditional moving averages.
The unique aspect of VEMA is its approach. It calculates the standard deviation of the closing price and also computes the simple moving average of this volatility. This dual approach to understanding market fluctuations allows for a more nuanced understanding of market dynamics.
Key to VEMA's functionality is the dynamic weighting factor, which adjusts the influence of SMA and EMA based on current market volatility. This factor increases the weight of the EMA, which is more responsive to recent price changes, during periods of high volatility. Conversely, during periods of lower volatility, the SMA, which offers a smoother view of price trends, becomes more prominent.
The resultant is a hybrid moving average that responds adaptively to changes in market volatility. This adaptability makes VEMA particularly useful in dynamic markets, potentially offering more insightful trend analysis and reversal signals compared to traditional moving averages.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart
Inggin menggunakan skrip ini pada chart?
KP
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.